Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

23
Posts
4
Votes
Ned Micic
  • Wayne, NJ
4
Votes |
23
Posts

Buying a home with an abandoned oil tank

Ned Micic
  • Wayne, NJ
Posted
Im currently in attorney review for a single family home that I’m purchasing. I was told the property had a underground oil tank that was properly abandoned back in 2003. I had asked the owner of the property if i can remove the tank while we are under contract and they did not agree to it. When i spoke to the realtor he told me I can hire a company to test the soil around the tank. Is it worth the risk to buy this home with the oil tank? Im willing to pay for the soil testing but i don’t know how accurate it is. I don’t want to he stuck in a home that needs to be remediated.

Most Popular Reply

User Stats

20
Posts
12
Votes
Jacob Caddick
  • Investor
  • Casa Grande, AZ
12
Votes |
20
Posts
Jacob Caddick
  • Investor
  • Casa Grande, AZ
Replied

https://www.biggerpockets.com/forums/311/topics/523009-in-ground-oil-tank-advice?highlight_post=3195984&page=1#p3195984

  • Jacob Caddick
  • Loading replies...